標(biāo)題: Titlebook: Debates in Monetary Macroeconomics; Tackling Some Unsett Steven Pressman,John Smithin Book 2022 The Editor(s) (if applicable) and The Autho [打印本頁] 作者: BULK 時(shí)間: 2025-3-21 19:37
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作者: 表被動 時(shí)間: 2025-3-21 22:26 作者: 車床 時(shí)間: 2025-3-22 03:41 作者: 同來核對 時(shí)間: 2025-3-22 06:59
https://doi.org/10.1007/978-3-030-04043-7ange rate fixing, which fosters disequilibria and crises, fixed rates can pave the way for greater international monetary coordination, which is impossible if so-called independent monetary policies lead to currency devaluations and beggar-thy-neighbour policy measures.作者: photophobia 時(shí)間: 2025-3-22 11:42 作者: 嘲笑 時(shí)間: 2025-3-22 15:22 作者: 嘲笑 時(shí)間: 2025-3-22 19:57
The Case for Fixed Exchange Rate Regimes: What for and in What Form?,ange rate fixing, which fosters disequilibria and crises, fixed rates can pave the way for greater international monetary coordination, which is impossible if so-called independent monetary policies lead to currency devaluations and beggar-thy-neighbour policy measures.作者: 紋章 時(shí)間: 2025-3-22 23:28
Daniel McAlpine and The Bitter Pitaking a position on these policy issues, the book sets out both sides of the debate. Two scholars address each issue, taking opposing viewpoints. The book thus presents a debate about macroeconomic policy but does not seek to resolve any unsettled questions. Readers are left to make up their own mind on these issues.作者: Forage飼料 時(shí)間: 2025-3-23 01:31 作者: 確定無疑 時(shí)間: 2025-3-23 08:06
Daniele Barbaro’s Vitruvius of 1567nments should run surpluses in good economic times and roughly equivalent deficits to stimulate the economy during recessions. Following Piketty, the paper opposes government budget deficits because of their distributional consequences. Taxing the rich is better than borrowing from them, except during times of recession.作者: 鳴叫 時(shí)間: 2025-3-23 13:19 作者: engender 時(shí)間: 2025-3-23 16:19 作者: FORGO 時(shí)間: 2025-3-23 19:40
Daniele Barbaro’s Vitruvius of 1567trade surplus must be another nation’s trade deficit. Export-led growth cannot increase global demand. If countries experiencing trade deficits employ policies to create trade surpluses, the result will be economic volatility, which reduces spending, especially investment spending, and slows economic growth.作者: incredulity 時(shí)間: 2025-3-23 22:33
Daniele Barbaro’s Vitruvius of 1567about income inequality, the more economic analysis supports a current-account surplus. It is not for analysts, however, to decide which groups in society should be valued more. Further, we cannot always focus on the long run. Full employment is not always easily achieved; short-run stabilization must also be considered.作者: incite 時(shí)間: 2025-3-24 02:26
https://doi.org/10.1007/978-1-349-11642-3 in strongly abstract theoretical models. They are popular because they provide convenient mathematical simplifications in order to create closed-form solutions - in defiance of many of the realities on the ground.作者: 尊重 時(shí)間: 2025-3-24 09:37
scholars in each area.Incorporates the most recent thinking.This edited volume presents the key unresolved debates in monetary macroeconomics, covering the five topics of budget, trade, taxes, exchange rates and monetary policy. For each topic, there are two authors — one arguing for a certain poli作者: Ankylo- 時(shí)間: 2025-3-24 12:57
Some Unsettled Questions in Monetary Macroeconomics,aking a position on these policy issues, the book sets out both sides of the debate. Two scholars address each issue, taking opposing viewpoints. The book thus presents a debate about macroeconomic policy but does not seek to resolve any unsettled questions. Readers are left to make up their own mind on these issues.作者: ligature 時(shí)間: 2025-3-24 15:41
Should the Implementation of Monetary Policy Be Subject to Rules?,more predictable short-term effects on the macroeconomy. The authors advocate a job guarantee, along with infrastructure spending, which address the challenges associated with achieving and maintaining full employment and price stability.作者: 說不出 時(shí)間: 2025-3-24 22:28
How and When to Balance the Government Budget,nments should run surpluses in good economic times and roughly equivalent deficits to stimulate the economy during recessions. Following Piketty, the paper opposes government budget deficits because of their distributional consequences. Taxing the rich is better than borrowing from them, except during times of recession.作者: GEAR 時(shí)間: 2025-3-24 23:46
The National Debt Is Irrelevant: Some Unsettling Questions Regarding Government Budget Deficits,m high-income developed economies to failed states. High-end developed countries are best equipped to practice MMT. National debt is irrelevant to them. Other developed nations can practice some form of MMT, but must deal with constraints. Middle-income, weak, and failed states are incapable of utilizing MMT.作者: 胖人手藝好 時(shí)間: 2025-3-25 06:45
What is the Sign of the Balanced Budget Multiplier?,balanced increase in government expenditure and taxes as a percentage of GDP will therefore lead to stagflation. ‘Tax and spend’ will not work. An increase in the average tax rate, in and of itself, will cause inflation.作者: macabre 時(shí)間: 2025-3-25 09:31 作者: 考古學(xué) 時(shí)間: 2025-3-25 13:57 作者: endoscopy 時(shí)間: 2025-3-25 15:52
In Defence of Flexible Exchange Rates in a Small Open Capitalist Economy, in strongly abstract theoretical models. They are popular because they provide convenient mathematical simplifications in order to create closed-form solutions - in defiance of many of the realities on the ground.作者: Rejuvenate 時(shí)間: 2025-3-25 20:03 作者: 是限制 時(shí)間: 2025-3-26 00:58
Book 2022nd monetary policy. For each topic, there are two authors — one arguing for a certain policy and one against. The book takes an approach eschewing mathematics or econometrics, instead presenting arguments in the spirit of political economy - while incorporating the most recent thinking in macroecono作者: MORPH 時(shí)間: 2025-3-26 06:10 作者: caldron 時(shí)間: 2025-3-26 09:21 作者: 干涉 時(shí)間: 2025-3-26 16:12 作者: 緊張過度 時(shí)間: 2025-3-26 20:47 作者: Asperity 時(shí)間: 2025-3-26 22:52 作者: 抵制 時(shí)間: 2025-3-27 01:37
What is the Sign of the Balanced Budget Multiplier?,nding, as a percentage of GDP, increases economic growth and reduces unemployment, perhaps at the cost of somewhat higher inflation. This paper argues that the standard analysis ignores the supply-side effects of increased taxation, and that the sign of the balanced budget multiplier is negative. A 作者: 手勢 時(shí)間: 2025-3-27 07:11
Taxes Are Deflationary and Can Be Used as a Deflationary Tool,. It identifies many different types of taxes and their impact on spending and prices. Corporate and individual income taxes, and social insurance taxes, decrease disposable income and spending. They don’t increase production costs, so shouldn’t increase prices. Excise and sales (value-added) taxes 作者: largesse 時(shí)間: 2025-3-27 09:53
The Ambiguous Effects of Targeting Current Account Surpluses,rplus may generate a paradox of thrift by seeking to reduce their spending on foreign-made goods and depressing growth in both nations. When many nations do this, the result will be slow growth throughout the world. Furthermore, there is no escape from the simple math of trade balances—one nation’s 作者: Aromatic 時(shí)間: 2025-3-27 14:27
Does a Current-Account Deficit Indicate Bad Economic Policy?,ds on what is most important. In the long run, current-account variations can smooth domestic living standards. But whether a surplus is appropriate depends on which individuals we think are more ‘deserving’. The more we value future generations compared to current generations, and the less we care 作者: AND 時(shí)間: 2025-3-27 21:12
The Case for Fixed Exchange Rate Regimes: What for and in What Form?, This is why most international corporations have chosen the US dollar as their functional currency. Second, although fixed regimes have been accused of hindering monetary policy, the paper argues that floating regimes do not guarantee currency sovereignty. Whether floating or fixed exchange rates a作者: Sedative 時(shí)間: 2025-3-28 00:05
In Defence of Flexible Exchange Rates in a Small Open Capitalist Economy,, resulting in macroeconomic instability. In the real world, the only exchange rate regimes that have employed floating exchange rates or (at a minimum) fixed-but-adjustable exchange rates have been successful. Nonetheless, many theorists favour hard pegs or currency unions because they perform well作者: 沙漠 時(shí)間: 2025-3-28 02:10 作者: adumbrate 時(shí)間: 2025-3-28 09:20 作者: MEAN 時(shí)間: 2025-3-28 12:47
https://doi.org/10.1007/978-3-030-04043-7ce to such rules have often proved troublesome. For instance,?attempts to follow a monetary policy rule like the Taylor rule led to inflation in the 1970s?and using the Friedman rule during the Great Recession would have reduced monetary growth, which would have increased interest rates and made the作者: 一個(gè)姐姐 時(shí)間: 2025-3-28 18:20 作者: 不足的東西 時(shí)間: 2025-3-28 19:02 作者: arthroplasty 時(shí)間: 2025-3-29 00:37
Daniele Barbaro’s Vitruvius of 1567nding, as a percentage of GDP, increases economic growth and reduces unemployment, perhaps at the cost of somewhat higher inflation. This paper argues that the standard analysis ignores the supply-side effects of increased taxation, and that the sign of the balanced budget multiplier is negative. A 作者: 結(jié)合 時(shí)間: 2025-3-29 05:46 作者: AMOR 時(shí)間: 2025-3-29 08:09
Daniele Barbaro’s Vitruvius of 1567rplus may generate a paradox of thrift by seeking to reduce their spending on foreign-made goods and depressing growth in both nations. When many nations do this, the result will be slow growth throughout the world. Furthermore, there is no escape from the simple math of trade balances—one nation’s 作者: expansive 時(shí)間: 2025-3-29 14:02
Daniele Barbaro’s Vitruvius of 1567ds on what is most important. In the long run, current-account variations can smooth domestic living standards. But whether a surplus is appropriate depends on which individuals we think are more ‘deserving’. The more we value future generations compared to current generations, and the less we care 作者: 熱烈的歡迎 時(shí)間: 2025-3-29 16:35
https://doi.org/10.1007/978-3-030-04043-7 This is why most international corporations have chosen the US dollar as their functional currency. Second, although fixed regimes have been accused of hindering monetary policy, the paper argues that floating regimes do not guarantee currency sovereignty. Whether floating or fixed exchange rates a
